mello roos: DEATH, MELLO ROOS, SOLAR LEASE, HIGH ELECTRIC, BACK TAXES & ATTORNEY LIENS
- 06/06/16 01:23 PM
Dream Home For Sale. But not for the faint of heart. The biggest negative about this home was inorder to qualify for a loan, a potetial buyer had to qualify for $50,000 more than what the sellers were selling it for. The reason was the solar lease, because it was attached to the county tax roll, the lender had to figure the monthly lease amount and the Mello Roos with the 1% purchase price, property tax amount totaled an extra $650.00 a month, then add the PITI. Fortunately there was not a monthly HOA fee. And because the two story 3100 … (0 comments)
Dream Home For Sale. But not for the faint of heart. The biggest negative about this home was inorder to qualify for a loan, a potetial buyer had to qualify for $50,000 more than what the sellers were selling it for. The reason was the solar lease, because it was attached to the county tax roll, the lender had to figure the monthly lease amount and the Mello Roos with the 1% purchase price, property tax amount totaled an extra $650.00 a month, then add the PITI. Fortunately there was not a monthly HOA fee. And because the two story 3100 … (0 comments)
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